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Sales & Marketing

Self Employment Marketing Plan: 4 Tips to Fine-Tune Your Niche Marketing

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Before you can have clients, you need to have prospects — that’s what marketing is all about. If your marketing isn’t attracting the kind of people you’d like to be working with, it’s like pushing a rope — you are trying to sell them something they don’t need, and they are looking for something you don’t offer. A little fine-tuning of your marketing plan can make the difference between a solo business that lurches and stalls, and a business that runs smoothly and is fun to operate.

Your Four-Point Marketing Tune-Up Checklist:

Understand the difference between your Target Market and your Niche.

A target market has distinguishing demographic characteristics; for example, recently widowed working women under 50. A niche gets more specific in characteristics that might not be as easily identifiable as demographics; using the previous example, you could further narrow your target market by including only women who want to remarry and don’t know how to meet suitable men.

Make sure your Niche is focused enough.

Think of all the people who might fit in your niche. Imagine them all in a room at a business or social event. Would you find them all interesting and enjoy talking to them? If you cringe at the thought of meeting some of the people in that imaginary room, note what it is about them that you’d like to avoid – and re-define your niche to exclude them.

Perhaps you want to coach women who will be patient in their search for a spouse — not desperate! If your marketing message implies easy, immediate results, you’ll be attracting the wrong prospects. Fine-tune your language so it is clear that your solutions may take time to be successful. You won’t be eliminating potential customers – you’ll be saving yourself time wasted on less-than-ideal prospects. And you’ll find yourself more effortlessly attracting clients in the heart of your niche market.

Choose marketing techniques that fit your strengths.

Just because every other relationship coach has written a book, doesn’t mean you have to! If the whole publishing and book promotion exercise sounds like torture, don’t waste your time. Maybe writing a Dear Abby type of newspaper column is more your style. If you find dealing with your website to be confusing, but are good at speaking to small groups, ignore the advice to do a lot of online marketing and instead look for opportunities to speak at senior centers.

Be authentic – be yourself.

Building an image that isn’t who you are is a setup for disaster, especially for the self employed. You’ll be exhausted keeping up the façade… and potential clients will sense the lack of integrity. If you yourself are recently widowed and learning how to meet the right kind of men, don’t try to imply that you are an expert. Your personal dating stories can be a great way to establish a relationship with a potential client, who can see themselves in you. Clients want someone they can trust — it is more important than all the credentials in the world.

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Sales & Marketing

Differentiate To Be The Niche Business

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Small Business Branding: How important a core difference is essential to marketing success.
Marketing behaviorQuite often a small business owner will ask me to reveal the most powerful marketing strategy I have seen. The answer may surprise you.
The most powerful marketing strategy I know has little to do with direct mail, adverting, special promotions, websites or referrals. No, before any of those ‘tactics’ will have any major impact on your business you must first find, commit and communicate a compelling difference between you and everyone else that says they do the same thing as you.
Let’s do a quick mental exercise.
Pretend that you are in a room full of your competitors and I asked this question. “If you think you offer a fair price, please raise your hands”. “Now, lower your hands if you don’t offer great customer service.” “Lower your hands if you don’t feel you are an expert and can deliver valuable advice” How many hands do you think would be up? Almost all right? So, if you don’t do an effective job at “educating” you customers on how specifically you are different, guess what the deciding factor is? PRICE!!!! Who wants to compete on price?
Look, we all know that every business is special and unique in its own way. But the bigger question is does your potential clients know? You have to answer the following question “why should I choose you?” from the customer perspective. There are several ways you can establish a unique selling proposition. Here are a few:
* Unique service
* Market niche
* Special offer
* Solve a specific problem
Once you have spent some time and discovered your uniqueness, you must commit to it. These core differences will become the foundation for all of your marketing material and advertising messages. You will use these unique differences to create your marketing materials that educate.
Differentiate or Die: Standing Out In A Crowd [Small Business Branding]

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Sales & Marketing

Learn To Tell A Good Story

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Small Business Trends: Maybe sales and marketing are not your strongest skills. But if you want to improve your marketing by 100%, try this simple technique that anybody can do: learn to tell a good story.
In my latest column over at the OPEN Forum site, I discuss the power of telling stories to spice up your marketing:
T.J. Walker, a public speaking consultant to the rich and famous, wrote about the power of telling stories. Quoting the book “Made to Stick” by Chip Heath and Dan Heath, he notes that 63% of people will remember a story from a talk or presentation, versus only 5% who remembered statistics.
He also said this: “Stories are not a luxury; they are the single most effective way to get your audience to remember your messages.
OK, he was talking about public speaking. But, that same principle applies to marketing your business, too — because marketing is partially about getting your message across.
If you want your business to be memorable, and for your message to reach as many people as possible and persuade them to buy, learn to tell stories around your business.
Naturally, in my column I tell a story to get my point across — a story about fuzzy bunny slippers. Read: How Fuzzy Bunny Slippers Can Grow Your Business.
Tell Stories and Improve Your Marketing [Small Business Trends]

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Sales & Marketing

Ten Commandments of Sales

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YoungEntrepreneur: Ten Commandments of Sales:

1) Never take no for an answer
2) Give value first
3) Treat all customers like family
4) Always tell the trth
5) Prospect everyday
6) Keep a positive attitude
7) Return every phone call & email
8) Underpromise & Overdeliver
9) Never make an excuse for your price
10) Keep the faith

What do you think of the list? What would make your top ten list of commandments for sales?

The Ten Commandments of Sales [YoungEntrepreneur]

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Sales & Marketing

Good or Bad Promotion?

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Business Pundit: 23-cent Pizzas… Are you kidding me? You can’t even get a White Castle hamburger for that. However, yesterday in Ohio 86 Papa John’s Pizza stores decided to sell 23-cent pizzas as a truce after they agreed to offer a franchise in Washington D.C. t-shirts calling LeBron James a “CRYBABY.” This was in response to the Cleveland Cavaliers star complaining about hard fouls during a NBA playoff series that was with the Washington Wizards.
The idea of the 23-cent pizza was a way to make up with the Cleveland area fans and honor James by selling pizza for the same price as LaBron’s jersey number, 23. Papa John’s planned on selling more the 75,000 pizzas.
The promotion had crowds standing for hours in extremely long lines waiting for the 23-cent pepperoni pizza. While everything went off without a lot of pandemonium, there were scores of complaints about the wait and line cutting.
The good that came out of this promotion is that all the money went to the LaBron James Family Foundation.
What are your thoughts?
Do you think this was a good idea?
Do you think Papa John’s saved face or were people just taking advantage of a deal?
In your opinion, will this charade have any long effect for Papa John’s?
Was this just another marketing gimmick based on controversy?
23-Cent Pizza: Good Idea or Bad Promotion? [Business Pundit]